Business Context and Reporting Period
Company: Shinhan Financial Group Co., Ltd. (SFG)
Filing Type: Form 6-K (Report of Foreign Private Issuer)
Date: July 23, 2026
Subject: Announcement on the cancellation of treasury shares.
Key Financial Metrics
This filing does not report revenue, profit, cash flow, margins, debt, or liquidity metrics. It focuses exclusively on capital structure adjustments.
| Metric | Value |
|---|---|
| Shares to be Cancelled | 6,698,565 Common Shares |
| Total Issued Shares (Post-Resolution) | 469,450,239 Common Shares |
| Face Value per Share | KRW 5,000 |
| Estimated Cancellation Amount | KRW 700,000,000,000 |
| Reference Share Price | KRW 104,500 (July 22, 2026) |
Material Changes
- Share Reduction: The Board resolved to cancel approximately 6.7 million treasury shares, reducing the total number of issued shares.
- Capital Impact: While the number of issued shares will decrease, the total capital amount will remain unchanged.
- Regulatory Compliance: The cancellation includes one treasury share acquired in a previous comprehensive share exchange to comply with Article 341-4 of the Korean Commercial Act, which mandates cancellation within one year of acquisition.
Guidance, Outlook, and Risks
- Acquisition Period: Treasury shares will be acquired on the Korea Exchange (KRX) from July 31, 2026, to October 22, 2026.
- Variable Outcomes: The actual number of shares cancelled and the final amount may vary based on share price fluctuations during the acquisition period.
- Future Disclosure: The final number of shares to be cancelled will be disclosed in a subsequent Form 6-K/A filing prior to the actual cancellation.
- Funding Source: The acquisition is to be funded within the limits of profits available for dividends.
Investor Verification Checklist
- Verify the final number of shares cancelled and the actual cost in the upcoming Form 6-K/A filing.
- Confirm the impact of the share reduction on earnings per share (EPS) once the cancellation is finalized.
- Review the separate Form 6-K announcement referenced in the text for detailed acquisition mechanics.
- Monitor the share price volatility between July 31 and October 22, 2026, as it directly affects the number of shares repurchased.